The current process of having to enter card details in order to pay for anything online isn’t as secure as it ideally could and done often enough it does get tedious.
Could we not pioneer a system to online retailers (start off with the big ones like Amazon and the major supermarkets) that allows us to link the accounts we have with them to our Monzo accounts using unique payment token per retailer per Monzo account? A notification would then be sent to our phone for us to approve the transaction. Could have a “Pay With Monzo” button on the retailer site, with no need to sign into Monzo from there.
It’d remove the worry of leaking our financial information to unauthorised third parties, drastically reduce the risk of fraud and speed up the payment process.